Department of Financial Aid
Financial aid funding at Marion Technical College (MTC) consists of grants, scholarships and other various financial assistance sources. It is available to eligible students to help them meet educational expenses.
At this time, MTC does not participate in any State or Federal Loan Programs. Financial aid is calculated by determining the Cost of Attendance (COA) for a specific period of time or academic year and determining the unmet need of a student. Marion Technical College will use a 900 hour/26 week academic year for most programs.
A complete list of academic year information by program is available in the Financial Aid Office. The Federal Pell Grant payment and disbursement schedules provided by the U.S. Department of Education are used to determine annual award amounts. The COA, Expected Family Contribution (EFC) and enrollment status of the student are used in these calculations. Marion Technical College uses a Third Party Servicer-FAME to assist with these calculations. A complete Policies and Procedures manual is available for viewing in the Financial Aid Office.
Marion Technical College Money-Back Guarantee
The Marion Technical College’s Money-Back Guarantee Program is a tuition refund program designed for high industry demand. Money-Back Guarantee is a refund program for tuition for students in eligible programs who are not hired within six months after meeting program and professional requirements.
Students eligible for the guarantee may receive a reimbursement of tuition assessed minus scholarships and/or grants received. Only tuition is included in this Money-Back Guarantee Program. Any fees, other expenses, and/or charges are excluded.
Eligible Programs
- Radiologic Technology
https://mariontc.edu/program/radiologic-technology
- Firefighter / Emergency Medical Technician (Combined)
https://mariontc.edu/program/firefighter-emt-combined/
- Practical Nursing
https://mariontc.edu/program/practical-nursing/
Eligibility Criteria
- A student is considered eligible if they are unable to obtain employment within six(6) months of training and successful completion of the eligible programs.
- Students must pass all state and/or industry certification(s) and licensure required for employment within six months of successful completion of the eligible Money-Back Guarantee Program.
- Be in good financial standing with Marion Technical College.
- Students must submit a request for refund within six months of program completion by completing and submitting the Money-Back Guarantee application found on the MTC website.
- Students must be legally eligible for employment in the U.S.
- Student must have met minimum attendance requirements for their program of study.
- Students must successfully pass any background checks and drug screening as required by prospective employers.
- Students must be willing to travel or relocate to a new market to obtain employment within the field.
- Student must provide evidence of at least 100 job search company applications related to the occupation(s) associated with their program of study.
- Provide evidence of completing at least 40 good faith interviews for jobs related to their program of study (e.g., documents such as an email or letter of invitation to interview, confirmation of non-selection, etc.)
- Students must submit the Money-Back Guarantee Application within seven months of successfully completing the program.
- Students must submit proof of all the requirements under “Eligibility Criteria” to the Student Services Office at the Marion Technical College main campus within ten days of the application date of the Money-Back Guarantee Application (submission date).
How to Apply
- Complete and submit the Money-Back Guarantee Application
- Submit proof of all the requirements under “Eligibility Criteria” to the Student Services Office at the Marion Technical College main campus within ten days of the application date of the Money-Back Guarantee Application
Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”)
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Disclosure Requirements: Section 18004(a)
The Certification and Agreement directs each institution applying for HEERF funds to provide the following information in a format and location that is easily accessible to the public 30 days after the date when the institution received its allocation under 18004(a)(1) and updated every 45 days thereafter:
- Marion Technical College acknowledges that the institution signed and returned to the Department, the Certification and Agreement on April 15, 2020 and also assures the institution has used, or intends to use, no less than 50 percent of the funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students.
- The total amount of funds that the institution will receive from the Department pursuant to the institution’s Certification and Agreement [for] Emergency Financial Aid Grants to Students is $270,862.00.
- The total amount of Emergency Financial Aid Grants distributed to students under Section 18004(a)(1) of the CARES Act as of the date of this disclosure is $259,000.00
- The estimated total number of students at the institution eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965 and thus eligible to receive Emergency Financial Aid Grants to students under Section 18004(a)(1) of the CARES Act is 280.
- The total number of students who have received an Emergency Financial Aid Grant to students under Section 18004(a)(1) of the CARES Act is 280.
- The method(s) used by the institution to determine which students receive Emergency Financial Aid Grants and how much they would receive under Section 18004(a)(1) of the CARES Act; Former Marion Technical College Principal Mr. Mike Kelly, presented three separate distribution plans to the Marion County School Board for consideration. It was determined the most fair and expedient process was to distribute the funds equally to all eligible students.
- Any instructions, directions, or guidance provided by the institution to students concerning the Emergency Financial Aid Grants; Students have been notified via word of mouth and email that the institution will receive funds on their behalf. An email notification will be sent to all eligible students with the dates and times to pick up their CARES Act disbursement. Students are required to sign a document affirming their eligibility to receive the CARES Act Emergency Financial Aid Grant.
Date: 06/23/2020
TYPES OF FINANCIAL ASSISTANCE
FEDERAL PELL GRANT
Federal Pell Grant does not require repayment, is based on established financial need, and is available only to students who have not received a bachelor’s degree or its equivalent. Eligibility is determined by a formula developed by the United States Department of Education. Students much be enrolled in a Federal Pell eligible course of study of at least 600 clock hours to be eligible for Federal Pell Grant. Marion Technical College’s school code is 031039. The 2023-2024 maximum Federal Pell Grant is $7,395 and is disbursed in segments referred to as payment periods of 450 clock hours or less as determined by the length of the program. Please click https://studentaid.gov/h/apply-for-aid/fafsa.
NOTE: Students receiving financial aid may still incur out-of-pocket expenses. For additional assistance completing the FAFSA please follow this link: https://www.nitrocollege.com/fafsa-guide. If you choose, a financial aid officer will assist you in completing your FAFSA. Please call the office, 352-671-7203, to schedule an appointment.
SATISFACTORY ACADEMIC PROGRESS
The Code of Federal Regulations, CFR 668.34, requires that schools establish satisfactory progress standards and policies for students applying for and receiving federal aid. In addition, this regulation requires that the Financial Aid Office review all periods of a student’s enrollment history to determine if a student is making SAP towards an educational objective. The policy must include these three components: • Grade requirements (qualitative), • Hours attended and weeks elapsed (quantitative), • Maximum Time Frame.
PROFESSIONAL JUDGEMENT
Professional Judgment (HEA Sec. 479A(a)) may be granted by the financial aid administrator to address a student’s financial and family circumstances that may have changed from the base year information originally reported on the FAFSA. Professional judgment will only be used on a case-by-case basis to address special circumstances, which are conditions that differentiate an individual student from a class of students. A Professional Judgment decision may not be appealed. Contact the financial aid office at 352-671-7203 for application procedures.
VERIFICATION POLICY
Federal verification guidelines require that applicants be selected for verification by the Central Processing System (CPS) and, in certain instances, by the school. At Marion Technical College, federal verification is performed on all applicants selected by the CPS and any application that the college has reason to believe needs to be corrected or has conflicting documentation, and when a “Comment Code” or “C” Code appears on the Students SAR/ ISIR. These codes flag specific issues on a student’s application. Each code corresponds to a specific comment text for the award year. A select group of these codes requires resolution before any Title IV aid can be awarded.
FEDERAL STUDENT EQUAL OPPORTUNITY GRANT
The FSEOG is a federal grant. Funds are very limited for this award. The grant provides additional money to a student if financial need is demonstrated. This grant depends not only on financial need but on other aid sources and the availability of funds allocated to the school.
VOCATIONAL REHABILITATION
Vocational Rehabilitation (VR) is a federal-state program that works with people who have physical or mental disabilities to prepare them to gain or retain employment. It is an individualized employment program. Participants may receive diagnosis, an individualized rehabilitation program, counseling and guidance, training, job placement, and services to support job retention. Many applicants are referred by schools, hospitals, welfare agencies, and other organizations, but you may apply directly for service.
BRIGHT FUTURES SCHOLARSHIP
The Florida Bright Futures Scholarship Program, funded by the state of Florida, provides scholarships based on high school academic achievement. The program has different award levels, each with its own eligibility criteria and award amounts. Awards are per credit hour, and a conversion rate to clock hour is completed in the financial aid office.
FLORIDA POST SECONDARY CAREER EDUCATION STUDENT ASSISTANT GRANT (FSAG-CE)
This award available to students who attend eligible and participating Florida colleges (public community colleges) or career centers operated by district school boards. See the separate fact sheet for additional information regarding the FSAGCE program.
HONARABLY DISCHARGED GRADUATE ASSISTANCE PROGRAM (HDGAP)
This award is a supplemental need-based veteran educational benefit. Funds are to assist in paying living expenses during holiday and semester breaks for active duty and honorably discharged Armed Forces members who served on or after September 11, 2001.
Scholarships for Children & Spouses of Deceased or Disable Veterans & Service Members.
This award provides an award to dependent children or un-remarried spouses of qualified Florida veterans.
Scholarships for Children & Spouses of Deceased or Disable Veterans & Service Members.
This award provides an award to dependent children or un-remarried spouses of qualified Florida veterans.
OPEN DOOR GRANT
This award will provide funds to support student completion of short-term, high-demand credit, and non-credit career and technical education (CTE) programs at career centers and Florida College System (FCS) institutions. The guidance for the Open-Door grant is under revision; however, funds may become available for the 2023-2024 school year. Please get in touch with the financial aid office for updated information.
STANDARD MTC FINANCIAL AID
This financial assistance funds up to $800.00 per term based on need and program cost. MTC Financial Assistance is available for all Career Certificate Programs (CCP) that are not Pell-eligible, and CCP Pell eligible programs for students meeting specific criteria. An error-free FAFSA using the MTC school code of 031039 must be completed in order to be considered for this scholarship. Please contact the financial aid office for an application.
• Provide a current driver’s license or official photo identification.
• Provide proof of a valid social security number
• Have a standard diploma—high school or GED, with an official transcript.
• Enroll in a Pell-eligible CCP programs where students are not eligible for a Pell grant or have an out-of-pocket cost or an EFC that exceeds 4601.
• Enroll in a Non-Pell eligible CCP program less than 600 hours
• Have no defaults of a Title IV student loan or owe a refund on a Title IV student grant.
• Have a valid, error-free Institutional Student Information Record (ISIR) or Student Aid Report (SAR) with an EFC.
CRITERIA FOR ESTABLISHING ELIGIBILITY ARE LISTED BELOW:
• Be a United States citizen or an eligible non-citizen.• Provide a current driver’s license or official photo identification.
• Provide proof of a valid social security number
• Have a standard diploma—high school or GED, with an official transcript.
• Enroll in a Pell-eligible CCP programs where students are not eligible for a Pell grant or have an out-of-pocket cost or an EFC that exceeds 4601.
• Enroll in a Non-Pell eligible CCP program less than 600 hours
• Have no defaults of a Title IV student loan or owe a refund on a Title IV student grant.
• Have a valid, error-free Institutional Student Information Record (ISIR) or Student Aid Report (SAR) with an EFC.
MTC FINANCIAL AID FOR HIGH SCHOOL SENIORS
This Marion Technical College Financial Aid Award is designed to give financial assistance to a Marion County High School senior who enrolls in a Marion Technical College career and technical certificate program. Recipients may receive up to $3,000 in financial assistance based on a determination of need and costs of selected career and technical program.
It is understood that the recipient of the Marion Technical College Financial Aid Award will meet the following criteria:
• Applied for admission to a Marion Technical College program
• Have a minimum 2.5 GPA.
• Exhibit financial need based on a completed FAFSA filed at www.fafsa.gov using school code: 031039.
• Applied for admission to a Marion Technical College program
• Have a minimum 2.5 GPA.
• Exhibit financial need based on a completed FAFSA filed at www.fafsa.gov using school code: 031039.
Applications will be evaluated on the basis of academic performance, leadership, professional potential and financial need. Recipients will be selected in the spring and awarded for the following terms. Please contact the financial aid office for an application.
MTC GED GRADUATE FINANCIAL AID PROGRAM
This Marion Technical College Financial Aid Award is designed to give financial assistance to students who earn their high school diploma through MTC’s GED program and enroll in a Marion Technical College career and technical certificate program. Students must be identified as a potential eligible applicant by the GED department. Please contact the financial aid office for an application.
HOURS OF OPERATION
| Monday | 10:00 a.m. to 6:00 p.m. |
| Tuesday | 10:00 a.m. to 6:00 p.m. |
| Wednesday | 10:00 a.m. to 6:00 p.m. |
| Thursday | 10:00 a.m. to 6:00 p.m. |
| Friday | 8:00 a.m. to 2:00 p.m. |
In accordance with the Higher Education Act of 1965 (HEA), as amended, as of October 29, 2011 each postsecondary institution that participates in the Title IV federal student aid programs is required to post a net price calculator on its Web site that uses institutional data to provide estimated net price information to current and prospective students and their families based on a student’s individual circumstances. This calculator should allow students to calculate an estimated net price of attendance at an institution (defined as cost of attendance minus grant and scholarship aid) based on what similar students paid in a previous year. The net price calculator is required for all Title IV institutions that enroll full-time, first-time degree- or certificate-seeking undergraduate students.
Please click on the link below and provide your information to estimate your net cost of attendance.